Xiaomi’s Mi Credit service launched once again, personal loan will be available easily

Xiaomi Mi Credit Personal Loan Service: Xiaomi has once again launched Mi Credit Personal Loan Service in India. The company says that Mi Credit is the first personal loan distribution service for young professionals. It aims to make the entire process faster and more convenient with a 100 percent digital approach. The thing to note is that Xiaomi says that all the financial data of Mi Credit service is encrypted and stored locally.

For Mi Credit service, the company has joined hands with other fintech brands and NBFCs including Aditya Birla Finance Limited, Money View, EarlySalary, Zestmoney and CreditVidya. Xiaomi claims that Mi Credit simplifies the application process for availing a loan with real-time approval.

Before applying for the loan, you will have to upload the necessary identity documents and selfie, along with the reason for applying for the loan. Xiaomi It is said that one of the major benefits of Mi Credit is that it comes with paperless KYC and the loan is credited in all major banks across the country. The company says that Mi Credit offers high loan amount at low interest rates.

Mi Credit app will come pre-installed on Xiaomi phones, the app can also be downloaded from Play Store or in-house Get app. Recall that Mi Credit platform was launched in the Indian market last year by partnering with instant personal loan platform KreditBee. launch it was done.